Sussex Preparatory Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2013 | 2,097,404 | 971,028 | 1,126,376 | 44.8 | 0% |
| 2014 | 2,760,224 | 1,013,323 | 1,746,901 | 63.7 | 0% |
| 2015 | 4,547,465 | 2,761,819 | 1,785,646 | 31.1 | 0% |
| 2016 | 7,898,899 | 1,800,465 | 6,098,434 | 88.3 | 0% |
| 2017 | 2,292,840 | 1,421,224 | 871,616 | 119.2 | 0% |
| 2018 | 2,444,174 | 1,529,310 | 914,864 | 117.9 | 0% |
| 2019 | 998,659 | 1,424,565 | −425,906 | 123.0 | 0% |
| 2020 | 900,086 | 1,420,969 | −520,883 | 118.9 | 0% |
| 2021 | 768,747 | 1,335,616 | −566,869 | 121.4 | 0% |
| 2022 | 2,988,908 | 1,360,745 | 1,628,163 | 133.5 | 0% |
| 2023 | 1,058,747 | 2,188,646 | −1,129,899 | 76.8 | 0% |
In its most recent public year (2023), this organization spent $1,129,899 more than it brought in. Its reserves stood at about 76.8 months of spending. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Sussex Preparatory Academy Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works